He said that he has to go back a number of years to determine any losses that were not allowed for NJ that can be added to basis...He stated that NJ does not allow net losses on rental properties ; however, those losses can get added to NJ basis so he said he has to go back and review all my losses over time.  

They look for tenants, take care of the house, etc., If there are any issues with tenants or house needs maintenance, Doorvest reaches out to us by email and Doorvest also has online platform where we can keep track of all the statuses + income/expenses.

Is it too much of a hurdle for the Local, Esq. to review the local law? 

@Zach WainWe also need to be careful what we wish for.

As you narrow down your REI type, try to do the broad review approach to see if you have the resources to do that type or scale.  

To be honest no one we showed the house to seemed to care. wow 8k for a waterline.. 

She said she could care less because they were original.So different Inspectors have different concerns......

Although I care less about my financial loss, what upsets me is their manipulative conducts.

To be fair, I'm not saying the Midwest is a bad market but you have to be really careful where and what you buy. 

I recommend requesting a review or a new appraisal that compares your property to similar multifamily properties in the area to ensure a more accurate valuation.